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ZUMZ - Zumiez Inc News Story

$22.25 1.4  6.7%

Last Trade - 6:55pm

Sector
Consumer Cyclicals
Size
Mid Cap
Market Cap £434.4m
Enterprise Value £231.6m
Revenue £835.0m
Position in Universe 2586th / 6317

BUZZ-Zumiez Inc: Jumps on higher full year outlook, Q3 revenue beat

Thu 5th December, 2019 10:06pm
** Specialty apparel and footwear retailer's shares  ZUMZ.O 
up 8.3% at $33.11 in extended trading
    ** Co reports Q3 revenue of $264 mln, beating estimate of
$260.9 mln - Refinitv IBES data  urn:newsml:reuters.com:*:nGNX9hNld6
    ** FY 2019 comparable sales are now expected to increase in
the range of ~4% to 4.5% compared to prior outlook of a rise of
2.0% to 4.0%
    ** Co expects FY 2019 EPS between $2.38 and $2.46, up from
previous outlook of $2.10 to $2.20
    ** Forecasts Q4 sales in the range of $314 mln to $320 mln,
also above Street estimates
    ** Stock has risen ~60% YTD

 (Reporting by Arundhati Sarkar in Bengaluru)
 ((Arundhati.Sarkar@thomsonreuters.com; +1 646 223 8780 Ext:
1524; Reuters Messaging:
arundhati.sarkar.thomsonreuters.com@reuters.net))
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